Skype is Saved and Ready for Action

For awhile there things looked pretty bad for Skype (news, site), as eBay and the platform’s original co-founders Niklas Zennstrom and Janus Friis battled it out over legal issues.

The whole sitch started looking up a couple weeks ago when the opposing sides finally came to an agreement, granting Skype ownership of critical software. The settlement opened up some doors, and last Thursday eBay sold a 70 percent stake in the company for somewhere around US$ 1.9 billion up front with another US$ 125 million on the way. The remaining 30 percent stays with eBay.

Zennstrom and Friis now have a substantial hold on their creation through Joltid, part of the investor group that purchased the large chunk from the auction king.

Among the relieved is Skype CEO Josh Silverman, who says, “You’ll see Skype become a lot more ubiquitous in a lot more places, both mobile devices as well as embedded devices,” he says, adding “expect to see us on a lot more platforms.”

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